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Non-Tech : FedEx (FDX)
FDX 262.11+1.3%Nov 7 9:30 AM EST

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To: M CAHILL who wrote (317)2/17/1999 11:01:00 PM
From: Brian Cunningham  Read Replies (2) of 524
 
"That was before management said they lose money delivering to houses because of multiple trips required when people are not home. They'd rather deliver to businesses" My view is that as their residential business increases, and I think that increase will be dramatic, FDX management will find a way to make it profitable. Its not unlike many internet companies which have soared on only the promise of future earnings. However, unlike many of these companies, I don't think there is any doubt that FDX will be here ten years from now.
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